IndiaTV RSS Feeds
November 27, 2014
0
Email

Walmart spent $25 million since 2008 to lobby for India entry

PTI [ Updated 10 Dec 2012, 15:15:02 ]
Walmart spent $25 million since 2008 to lobby for India entry
FONT SIZE

Washington, Dec 10: Global retail giant Walmart — waiting for years to open its supermarkets in India — has been lobbying with the US lawmakers since 2008 to facilitate its entry into the Indian market.
 


As per the lobbying disclosure reports filed by Walmart with the US Senate, the company has spent close to $25 million (about Rs 125 crore) since 2008 on its various lobbying activities, including on the issues related to “enhanced market access for investment in India”.





TODAY'S BEST VIDEO
Beware Pakistan: India-China joint military opera..

Beware Pakistan: India-China joint military operation...

Tax exemption limit may raise further says Arun J..

Tax exemption limit may raise further says Arun...

ALSO READ
X
Cox & Kings raises Rs 1,000 crore from investors
New Delhi: Leading travel company Cox & Kings (CKL) today said it has...
Read More >>